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Massive Open Online Course Market - Global Industry Analysis

Massive Open Online Course Market by Component (Platform and Services), by Course (Humanities, Computer Science and Programming, Business Management, Science, Health and Medicine, Education and Training, Engineering, and Others), and by User Type (High School, Undergraduate, Postgraduate, and Corporate): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 13-Mar-2019 Category: Technology & Media Report Format : PDF Pages: 145 Report Code: ZMR-677 Status : Published

Global massive open online course market expected to reach approximately USD 25.33 billion by 2025, at a CAGR of slightly above 32.09% between 2019 and 2025. The global massive open online course market is primarily driven by growing internet usage and rising adoption of advanced technologies, such as machine learning and artificial intelligence.

Description

The report covers a forecast and an analysis of the massive open online course market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the massive open online course along with the impact they have on the demand over the forecast time period. Additionally, the report includes the study of opportunities available in the massive open online course market on a global level.

This report offers a comprehensive analysis of the global massive open online course along with market trends, drivers, and restraints. This report includes a detailed competitive scenario and the product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Massive Open Online Course Market

The global massive open online course market is segmented on the basis of component, course, user type, and region. Based on the component, the market is majorly sectored into platform and services. The platform segment is further classified into XMOO and CMOOC. The services segment comprises consulting implementation, and training and support. The course segment includes humanities, computer science and programming, business management, science, health and medicine, education and training, engineering, and others. High school, undergraduate, postgraduate, and corporate comprises the user type segment of the market. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, China, India, Japan, and Brazil.

Some key participants operating in the global massive open online course market are Pluralsight, Coursera, EDX, Iversity, Udacity, Linkedin, Futurelearn, Novoed, Udemy, Xuetangx, Alison, Edmodo, Edureka, Federica EU, and Intellipaat, among others.

The report segments the massive open online course market as follows:

Massive Open Online Course Market: Component Analysis

  • Platform
    • XMOOC
    • CMOOC
  • Services
    • Consulting
    • Implementation
    • Training and Support

Massive Open Online Course Market: Course Analysis

  • Humanities 
  • Computer Science and Programming 
  • Business Management 
  • Science 
  • Health and Medicine
  • Education and Training
  • Engineering
  • Others

Massive Open Online Course Market: User Type Analysis

  • High School 
  • Undergraduate 
  • Postgraduate 
  • Corporate

Massive Open Online Course Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Components
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Massive Open Online Course, 2016-2025 (USD Billion)
    • 2.2. Massive Open Online Course: Market Snapshot
  •  
  • Chapter 3. Global Massive Open Online Course Market - Industry Analysis
    • 3.1. Massive Open Online Course Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Need for scalable open education
      • 3.2.2. Increasing requirement for global training
    • 3.3. Restraints
      • 3.3.1. Low completion rate
    • 3.4. Opportunities
      • 3.4.1. Mobility and ease of use
    • 3.5. Innovation & Sustainability
    • 3.6. Regulatory Landscape
    • 3.7. Porter's Five Forces Analysis
    • 3.8. PESTLE Analysis
    • 3.9. Massive Open Online Course: Market Attractiveness Analysis
      • 3.9.1. Market Attractiveness Analysis by Component
      • 3.9.2. Market Attractiveness Analysis by Course
      • 3.9.3. Market Attractiveness Analysis by User Type
      • 3.9.4. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Massive Open Online Course Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Course Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Massive Open Online Course Market - Component Analysis
    • 5.1. Global Massive Open Online Course Market Revenue Share, by Component, 2018 & 2025
      • 5.1.1. Global Massive Open Online Course by Platform, 2016-2025 (USD Billion)
      • 5.1.2. Global Massive Open Online Course by Services, 2016-2025 (USD Billion)
  •  
  • Chapter 6. Massive Open Online Course Market - Course Analysis
    • 6.1. Global Massive Open Online Course Market Revenue Share, by Course, 2018 & 2025
      • 6.1.1. Global Massive Open Online Course by Humanities, 2016-2025 (USD Billion)
      • 6.1.2. Global Massive Open Online Course by Computer Science and Programming, 2016-2025 (USD Billion)
      • 6.1.3. Global Massive Open Online Course by Business Management, 2016-2025 (USD Billion)
      • 6.1.4. Global Massive Open Online Course by Science, 2016-2025 (USD Billion)
      • 6.1.5. Global Massive Open Online Course by Health and Medicine, 2016-2025 (USD Billion)
      • 6.1.6. Global Massive Open Online Course by Education and Training, 2016-2025 (USD Billion)
      • 6.1.7. Global Massive Open Online Course by Engineering, 2016-2025 (USD Billion)
      • 6.1.8. Global Massive Open Online Course by Others, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Massive Open Online Course Market - User Type Analysis
    • 7.1. Global Massive Open Online Course Market Revenue Share, by User Type, 2018 & 2025
    • 7.2. Global Massive Open Online Course by High School, 2016-2025 (USD Billion)
    • 7.3. Global Massive Open Online Course by Undergraduate, 2016-2025 (USD Billion)
    • 7.4. Global Massive Open Online Course by Postgraduate, 2016-2025 (USD Billion)
    • 7.5. Global Massive Open Online Course by Corporate, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Massive Open Online Course Market - Regional Analysis
    • 8.1. Global Massive Open Online Course: Regional Overview
      • 8.1.1. Global Massive Open Online Course Market Revenue Share, By Region, 2018 & 2025
    • 8.2. North America
      • 8.2.1. North America Massive Open Online Course Market Revenue, 2016-2025 (USD Billion)
      • 8.2.2. North America Massive Open Online Course Market Revenue, By Component, 2016-2025 (USD Billion)
      • 8.2.3. North America Massive Open Online Course Market Revenue, By Course, 2016-2025 (USD Billion)
      • 8.2.4. North America Massive Open Online Course Market Revenue, By User Type, 2016-2025 (USD Billion)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.2.5.2. The U.S. Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.2.5.3. The U.S. Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Massive Open Online Course Market Revenue, 2016-2025 (USD Billion)
      • 8.3.2. Europe Massive Open Online Course Market Revenue, By Component, 2016-2025 (USD Billion)
      • 8.3.3. Europe Massive Open Online Course Market Revenue, By Course, 2016-2025 (USD Billion)
      • 8.3.4. Europe Massive Open Online Course Market Revenue, By User Type, 2016-2025 (USD Billion)
      • 8.3.5. UK
        • 8.3.5.1. UK Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.5.2. UK Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.3.5.3. UK Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.6.2. France Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.3.6.3. France Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.7.2. Germany Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.3.7.3. Germany Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Massive Open Online Course Market Revenue, 2016-2025 (USD Billion)
      • 8.4.2. Asia Pacific Massive Open Online Course Market Revenue, By Component, 2016-2025 (USD Billion)
      • 8.4.3. Asia Pacific Massive Open Online Course Market Revenue, By Course, 2016-2025 (USD Billion)
      • 8.4.4. Asia Pacific Massive Open Online Course Market Revenue, By User Type, 2016-2025 (USD Billion)
      • 8.4.5. China
        • 8.4.5.1. China Massive Open Online Course Market Revenue, by Component,2016-2025 (USD Billion)
        • 8.4.5.2. China Massive Open Online Course Market Revenue, by Course,2016-2025 (USD Billion)
        • 8.4.5.3. China Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.6.2. Japan Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.4.6.3. Japan Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
      • 8.4.7. India
        • 8.4.7.1. India Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.7.2. India Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.4.7.3. India Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Massive Open Online Course Market Revenue, 2016-2025 (USD Billion)
      • 8.5.2. Latin America Massive Open Online Course Market Revenue, By Component, 2016-2025 (USD Billion)
      • 8.5.3. Latin America Massive Open Online Course Market Revenue, By Course, 2016-2025 (USD Billion)
      • 8.5.4. Latin America Massive Open Online Course Market Revenue, By User Type, 2016-2025 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Massive Open Online Course Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.5.5.2. Brazil Massive Open Online Course Market Revenue, by Course, 2016-2025 (USD Billion)
        • 8.5.5.3. Brazil Massive Open Online Course Market Revenue, by User Type, 2016-2025 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Massive Open Online Course Market Revenue, 2016-2025 (USD Billion)
      • 8.6.2. The Middle East and Africa Massive Open Online Course Market Revenue, By Component, 2016-2025 (USD Billion)
      • 8.6.3. The Middle East and Africa Massive Open Online Course Market Revenue, By Course, 2016-2025 (USD Billion)
      • 8.6.4. The Middle East and Africa Massive Open Online Course Market Revenue, By User Type, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Pluralsight
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
      • 9.1.6. SWOT
    • 9.2. Coursera
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
      • 9.2.6. SWOT
    • 9.3. EDX
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
      • 9.3.6. SWOT
    • 9.4. Iversity
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
      • 9.4.6. SWOT
    • 9.5. Udacity
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
      • 9.5.6. SWOT
    • 9.6. LinkedIn
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
      • 9.6.6. SWOT
    • 9.7. Futurelearn
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
      • 9.7.6. SWOT
    • 9.8. Novoed
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
      • 9.8.6. SWOT
    • 9.9. Udemy
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
      • 9.9.6. SWOT
    • 9.10. Xuetangx
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments
      • 9.10.6. SWOT
    • 9.11. Alison
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business strategy
      • 9.11.5. Recent developments
      • 9.11.6. SWOT
    • 9.12. Edmodo
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business strategy
      • 9.12.5. Recent developments
      • 9.12.6. SWOT
    • 9.13. Intellipaat
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Product Portfolio
      • 9.13.4. Business strategy
      • 9.13.5. Recent developments
      • 9.13.6. SWOT
    • 9.14. Edureka
      • 9.14.1. Overview
      • 9.14.2. Financials
      • 9.14.3. Product Portfolio
      • 9.14.4. Business strategy
      • 9.14.5. Recent developments
      • 9.14.6. SWOT
    • 9.15. Federica EU
      • 9.15.1. Overview
      • 9.15.2. Financials
      • 9.15.3. Product Portfolio
      • 9.15.4. Business strategy
      • 9.15.5. Recent developments
      • 9.15.6. SWOT

List of Figures

1. Global Massive Open Online Course Segmentation by Course, Component, User Type, and Region
2. Global Massive Open Online Course, 2016-2025 (USD Billion)
3. Porter’s Five Forces Analysis: Massive Open Online Course
4. Global Massive Open Online Course Attractiveness, by Component
5. Global Massive Open Online Course Attractiveness, by Course
6. Global Massive Open Online Course Attractiveness, by User Type
7. Global Massive Open Online Course Attractiveness, by Region
8. Global Massive Open Online Course Market Revenue Share, by Component, 2018 & 2025
9. Global Massive Open Online Course by Platform, 2016–2025 (USD Billion)
10. Global Massive Open Online Course by Services, 2016–2025 (USD Billion)
11. Global Massive Open Online Course Market Revenue Share, by Course, 2018 & 2025
12. Global Massive Open Online Course by Humanities, 2016–2025 (USD Billion)
13. Global Massive Open Online Course by Computer Science and Programming, 2016–2025 (USD Billion)
14. Global Massive Open Online Course by Business Management, 2016–2025 (USD Billion)
15. Global Massive Open Online Course by Science, 2016–2025 (USD Billion)
16. Global Massive Open Online Course by Health and Medicine, 2016–2025 (USD Billion)
17. Global Massive Open Online Course by Education and Training, 2016–2025 (USD Billion)
18. Global Massive Open Online Course by Engineering, 2016–2025 (USD Billion)
19. Global Massive Open Online Course by Others, 2016–2025 (USD Billion)
20. Global Massive Open Online Course Market Revenue Share, by User Type, 2018 & 2025
21. Global Massive Open Online Course by High School, 2016–2025 (USD Billion)
22. Global Massive Open Online Course by Undergraduate, 2016–2025 (USD Billion)
23. Global Massive Open Online Course by Postgraduate, 2016–2025 (USD Billion)
24. Global Massive Open Online Course by Corporate, 2016–2025 (USD Billion)
25. Global Massive Open Online Course Market Revenue Share, by Region, 2018 & 2025
26. North America Massive Open Online Course, 2016-2025, (USD Billion)
27. Europe Massive Open Online Course, 2016-2025, (USD Billion)
28. Asia Pacific Massive Open Online Course, 2016-2025(USD Billion)
29. Latin America Massive Open Online Course, 2016–2025 (USD Billion)
30. The Middle East and Africa Massive Open Online Course, 2016–2025 (USD Billion)


List of Tables

1. Global Massive Open Online Course snapshot
2. Drivers for Massive Open Online Course: Impact analysis
3. Restraints of Massive Open Online Course: Impact analysis
4. North America Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
5. North America Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
6. North America Massive Open Online Course Market Revenue, By User Type, 2016–2025 (USD Billion)
7. The U.S. Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
8. The U.S. Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
9. The U.S. Massive Open Online Course Market Revenue, By User Type, 2016–2025 (USD Billion)
10. Europe Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
11. Europe Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
12. Europe Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
13. UK Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
14. UK Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
15. UK Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
16. France Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
17. France Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
18. France Massive Open Online Course Market Revenue, By User Type, 2016–2025 (USD Billion)
19. Germany Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
20. Germany Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
21. Germany Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
22. Asia Pacific Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
23. Asia Pacific Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
24. Asia Pacific Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
25. China Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
26. China Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
27. China Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
28. Japan Massive Open Online Course Market Revenue, ByComponent,2016–2025 (USD Billion)
29. Japan Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
30. Japan Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
31. India Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
32. India Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
33. India Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
34. Latin America Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
35. Latin America Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
36. Latin America Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
37. Brazil Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
38. Brazil Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
39. Brazil Massive Open Online Course Market Revenue, By User Type,  2016–2025 (USD Billion)
40. The Middle East and Africa Massive Open Online Course Market Revenue, By Component, 2016–2025 (USD Billion)
41. The Middle East and Africa Massive Open Online Course Market Revenue, By Course, 2016–2025 (USD Billion)
42. The Middle East and Africa Massive Open Online Course Market Revenue, By User Type, 2016–2025 (USD Billion)

Methodology

Free Analysis

A massive open online course is a platform that enables users to learn various courses online without any limit on attendance. MOOC is a course that comprises an option of open and free registration with the publicly shared syllabus and flexible outcomes. MOOC combines online resources and social networking facilitated by practitioners from various fields. MOOC offers many interactive courses to enable interactions among professors, students, and teaching assistants.

The global massive open online course market is primarily driven by growing internet usage and rising adoption of advanced technologies, such as machine learning and artificial intelligence. Additionally, the major IT players, such as Microsoft, offer online courses to understand artificial intelligence through edX to their users. In addition, the growing demand for video-based courses in the corporate sector is also expected to contribute toward the global massive open online course market in the future. The corporate education providers, such as SkillSoft, Udemy, Grovo, BigThink, and Lynda (LinkedIn), focus on offering technical education through excellent content. Contrarily, the lower completion rate of these courses may hamper the massive open online course market over the estimated timeframe. Nonetheless, the growing number of subjects covered by these courses is expected to open new opportunities for the global massive open online course market.

Global Massive Open Online Course Market

The global massive open online course market is segmented on the basis of component, course, and user type. Based on the component, the market is categorized into platform and services. The platform segment is further classified into XMOOC and CMOOC. The services segment is divided into consulting, implementation, and training and support. The services segment is estimated to grow significantly over the projected time period, owing to its rising adoption in universities and corporates. Based on course, the massive open online course market is classified into humanities, computer science and programming, business management, science, health and medicine, education and training, engineering, and others. Major user types of this global market include high school, undergraduate, postgraduate, and corporate.

By region, North America held the largest share of the global massive open online course market in 2018 and is expected to dominate over the forecast period as well. This regional growth can be due to the presence of a large number of solution vendors in the U.S. and Canada. In addition, many universities in the U.S. allow massive open online courses to contribute toward the completion of the final degree, which is also contributing to the region’s market growth. The European massive open online course market is estimated to witness significant growth over the forecast timeframe, due to the initiatives taken by the European Association of Distance Teaching Universities for increasing student awareness and partnering with leading universities to promote MOOC. Asia Pacific is expected to be the fastest growing region in the global massive open online course market, owing to a large number of universities and colleges supporting MOOC courses.

Some key participants operating in the global massive open online course market are Pluralsight, Coursera, EDX, Iversity, Udacity, Linkedin, Futurelearn, Novoed, Udemy, Xuetangx, Alison, Edmodo, Edureka, Federica EU, and Intellipaat, among others.

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